Nylon 6 6 Market Bwc20005
Global Nylon 6,6 Market by Grade (Fiber and Resin), By Application (Textiles, Automotive, Consumer Goods & Appliances, Electrical & Electronics, Packaging and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26
- Published Date: April 2020
- Report ID: BWC20005
- Available Format: PDF
- Page:
Report Overview
The nylon 6,6 growth is attributed to the accelerated usage in the automobile industry. The material is used in the manufacturing of various components to decrease the weight of vehicles and emission levels. Nylon 6,6 is increasingly replacing metal parts in automobiles, owing to their high elasticity, high tensile strength, and excellent abrasion resistance. These factors are anticipated to expand the growth of the overall market. Nylon 6,6 is used in engine components such as oil containers, wire harness connectors bushings, bearing, fuse boxes, cylinder head covers, crankcases, and timing belts.
Global Nylon 6,6 offers high wear and abrasion resistance, high tensile strength and hardness, low coefficient of friction, high melting point, high dimensional stability, excellent machinability and others. These beneficial features of nylon 6,6 and its use in various industry verticals is expected to drive the market of global nylon 6,6 during the forecast period.
Nylon
6,6 is also exhibiting a trend of being captivated by the textile industry and
the plastics engineering industry. This factor is expected to positively
influence the market growth in the projected years.
Global
Nylon 6,6 Market: Overview
Nylon is one of the most common and
widely used engineering thermoplastic materials. It is cost-effective, and it
has superior properties. Two different molecules (adipic acid and hexamethylene
diamine) are combined to create repeat units of 6 carbon atoms, thus the name
nylon 6,6. Nylon 6,6 commonly used due its combination of stiffness, high
melting point, toughness, and chemical resistance. It is a comparatively easy
polymer to modify, so the variety of different nylon resins available is wider
than for most other polymers.
And, with a less open structure, the 6,6
fiber has good dye wash fastness and UV light-fastness, and excellent
performance in high-speed spinning processes.
Polyamides, also commonly known as
Nylons, and are rated according to the number of carbon atoms contained in the
primary structure between the nitrogen atoms. Accordingly, Polyamide 66
includes two groups of six carbon atoms each. The resulting structure offers a
marked difference in some of the properties useful for engineering applications
when compared with other available Nylons. Nylon 66 has high flexural modulus,
high tensile strength, high melting point, and better resistance in comparison
to other unmodified nylons (polyamides).
Nylon 66 is available in natural and MoS2
filled grades and is part of a range of high-performance engineering plastics
products offered under trade name POLYMAT for machining into industrial
components.
These products and goods are made
utilizing the best raw materials in a modern production facility under a strict
quality control regime. The result is highly crystalline stress-relieving
products of a consistent quality conforming to international standards.
Growth drivers
Increase
use in automobile
Automobiles
parts are increasingly made from nylon materials. These parts are often
exhibited to relatively high temperatures and corrosive chemicals, exposure
conditions that can influence their long‐term performance. Glass fiber
reinforced nylon 6,6 is one of the more popularly used polymers in the
automotive applications. Parts made from this material include oil caps,
radiator headers, and, more recently, intake manifolds.
Increasing demand due to various
applications
Nylon
66 is frequently used when high mechanical strength, good stability under heat
and/or chemical resistance, rigidity is required. It is used in fibers for
textiles and carpets and others. Nylon 6,6 is semi crystalline polyamide generally
used in fiber applications such as clothing, carpeting, and tire cord. It is
also used as an engineering material in bearings and gears due to its good
abrasion resistance and self-lubricating properties.
Restraint
Environmental
concerns
While nylon 6,6 is extremely useful in our
day-to-day lives, the environmental consequences of nylon 6,6 are significant
and should be regulated. Nylon 6,6 is a synthetic man-made fiber obtained from
petrochemicals, a thermoplastic that is used widely throughout the textile
industry. It is very versatile and is used for everything from stockings and
parachutes to carpets, packaging, and even car parts.
With more nylon 6,6 produced in countries with
weaker environmental protections in place, this makes nylon a significant
contributor to water pollution, and thus water insecurity in the developing
world. However, nylon is also less water-intensive to produce than natural
fibers, so some of the consequences of the fiber on the water are mitigated by
this.
Global Nylon 6,6 Market: Type
Based
on type, the nylon 6,6 market segmented into Fiber and Resin. Resin segment
expected to grow at a significant rate during the forecast period. Resin-grade nylon 66 goods are used in
engineering plastic for the vehicle engine and engine mechanisms. This is an
added factor attributing growth in the near future. The cost of the nylon 66
material is increasing due to the unavailability of resources, and this is
another factor contributing to growth and demand in the coming years. The resin
grade segment is anticipated to record a significant growth rate during the
forecast period.
Global Nylon 6,6 Market: Application
Based on the application, the global nylon 6,6 market segmented into Textiles, Automotive, Consumer Goods & Appliances, Electrical & Electronics, Packaging and Others. Automobile segment is expected to grow during the forecast period. Increasing demand for automobiles due to growing infrastructure improvements and rising consumer disposable income is anticipated to boost nylon 6,6 market growth over the forecast period. The shift towards fuel-efficient and ecofriendly automobiles have encouraged the application of nylon 6 in automobiles, which is estimated to push market growth. An increase in the production of electronic and electrical products is likely to influence the demand for the nylon 66 market.
Based on region, the global nylon 6,6 market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region is expected generate high revenue in the global nylon 6,6 market during the forecast period. Due to presence of major market players, technological innovations and relatively matures market for automotive industry. And as the region has seen rapid establishment of manufacturers along with growing demand for high-temperature resistant engineering plastics and lightweight plastics, these factors are expected to drive the market during the forecast period.
Competitive Landscape
The leading companies of Nylon 6,6 Market are UBE INDUSTRIES Ltd., BASF SE, Ascend Performance Materials LLC, Ensinger GmbH, LANXESS, Radici Group, Asahi Kasei Corporation, Royal DSM, Dow DuPont Inc., CELANESE CORPORATION, EMS-GRIVORY, INVISTA, Sabic, Rhodia, Libolon and other prominent players.
Recent Development
· March, 2020: BASF and Hengst have developed the world’s first
reusable plastic spin-on oil filter module for cars. Blue.on is the sustainable
alternative to conventional spin-on modules made from metal, since it does not
need to be replaced during filter change.
· March, 2020: Asahi Kasei Corp. has completed its acquisition of Veloxis Pharmaceuticals Inc., obtaining full ownership of Veloxis on March 3, 2020
Scope of the Report
Attribute |
Details |
Years
Considered |
Historical data – 2016-2019 Base Year – 2019 Forecast –
2020 – 2026 |
Facts Covered |
Revenue in USD Million |
Market Coverage |
U.S, Canada, Germany, UK,
France, Italy, Spain, Brazil, Mexico, Argentina, Japan, South Korea, China,
India, UAE, South Africa, Saudi Arabia |
Product/Service Segmentation |
By type, application, with Region |
Key Players |
UBE INDUSTRIES Ltd., BASF SE, Ascend
Performance Materials LLC, Ensinger GmbH, LANXESS, Radici Group, Asahi Kasei
Corporation, Royal DSM, Dow DuPont Inc., CELANESE CORPORATION, EMS-GRIVORY,
INVISTA, Sabic, Rhodia, Libolon and other prominent players. |
By Type
·
Fiber
·
Resin
By Application
·
Textiles
·
Automotive
·
Consumer Goods & Appliances
·
Electrical & Electronics
·
Packaging
·
Others
By Region:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
The objective of the Study:
Ø
To analyze and forecast the global
Nylon 6,6 Market size of the market in terms of value.
Ø To examine the careful market segmentation and forecast the
market size, in terms of value, based on the region by segmenting.
Ø The Global Nylon 6,6 Market segmented into five regions,
namely, North America, Europe, Asia Pacific, Latin America, Middle East &
Africa and their leading countries.
Ø To outline, categorized, and forecast the global Nylon 6,6
Market based on the type, and application.
Ø To examine competitive developments like technological
advancement, services, and regulative framework within the global Nylon 6,6
Market.
Ø To highlight the impact analysis of the factors affecting
the market dynamics such as drivers, restraints, opportunities, and challenges.
Ø To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
market leaders.
Market Segmentation
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